Stocks turn positive after early profit-taking
Orion Pharma Ltd has been the most traded stocks at 12.30am with shares worth Tk12 crore
Stocks indices today rose after early hours of decline, as risk-averse investors opted for quick-profits on selective shares.
After two hours of trading, Dhaka Stock Exchange's key index (DSEX) has gone up 23 points, while the CSE All Share Price Index (CASPI) of the port city's bourse increased 61 points to stand at 14,565, at 12.30 pm.
DSEX, the prime index of the DSE, went up by 0.49% to stand at 4,763 points till the report was filed at 12.30am.
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The DS30 index, comprising blue chips, rose 4 points to reach at 1,595 while the Shariah Index gained 4 points to stand at 1,085.
According to brokers, the government's special fund support, lowering deposit rates in banks and postal savings schemes boosted confidence of investors.
Turnover, one of the important indicators of the market, stood at Tk400 crore.
However, Orion Pharma Ltd has been the most traded stocks by the time, with shares worth Tk12 crore.
Of the issues traded till then, 217 companies advanced, 70 declined, and 65 remained unchanged on the DSE trading floor.
